Real Estate
« Previous EntriesRealty Body Asks Members To Cut Apartment Prices By Up To 15%
Saturday, November 22nd, 2008Realty industry body National Real Estate Development Council on Friday asked its members to cut rates on housing projects by up to 15 per cent to revive sales.
Four Indian Realtors Lose $33bn In 8 Months
Saturday, November 22nd, 2008Hit by the turmoil in equity and property markets, India’s four richest realtors have lost nearly $ 33 billion (over Rs 1,50,000 crore) KP Singh DLF’s KP Singh since March this year, with the richest of them, K P Singh of DLF, alone accounting for about two-thirds of it, Forbes magazine said.
Realty In ‘Freeze’ Mode
Tuesday, November 18th, 2008Despite a recent drop in the prices of steel and cement, the construction sector in Hyderabad is facing a major business crunch thanks to the meltdown again. Work on all malls and residential complexes that were supposed to come up in the city within the next few months has either been slowed down or temporarily […]
Lodha Group Launches ‘By Invitation Only’ Project In Hyderabad
Saturday, November 1st, 2008By Invitation Only. Till now, one heard it for events and occasions that are meant for select few. One could not just walk in and become part of the exclusivity that an organiser looked for.
Market Meltdown Hits Hyderabad Infra Companies
Saturday, November 1st, 2008The market turmoil has hit Hyderabad infrastructure industry like never before. The valuations of companies have touched historic lows and thereby substantially eroding their ability to raise capital.
Nagarjuna Puts RE Projects On Hold
Saturday, November 1st, 2008Nagarjuna Construction Co Ltd has clamped down on future real estate projects due to current slowdown in the sector and has tempered its capital expenditure plan for 2008/09, a top official said.
‘Affordable Housing’ Is The New RE Mantra
Sunday, October 26th, 2008In the changing real estate scenario, the demand for properties in the price segment of Rs.30 lakh to Rs. 60 lakh was high but this segment also face a shortage of supply in the city. Contrary to this, there is an excess supply of properties costing above Rs.60 lakh. And this could reinforce the view […]
Radha Realty Launches Ultra Luxury Gated Community “U31″
Sunday, October 26th, 2008Ultimate experience: The unique feature of these homes is the blend of historical and contemporary design
Promising to set a new benchmark in ultra luxury living, Radha Realty has unveiled ‘U31’, a single-family, gated community project in the city. Spread over nine acres adjacent to Botanical Gardens, Kondapur, the project will have 31 limited-edition townhouses of […]
Rental Value Soars In Central Business District(CBD)
Thursday, October 23rd, 2008The demand for commercial space for the retail sector in the city’s central business district (CBD) has remained unaffected in spite of the economic slowdown. However, it remained flat in respect of the IT sector in the suburbs.
Shamirpet To Witness A Rise With Expressway Proposal
Sunday, October 19th, 2008While others developed and prospered, this place waited for its turn patiently. For long, it remained a mute witness to the activity and buzz that its sister suburbs savoured. Now, perhaps its turn has come and the stretch from city to Shamirpet could be enjoying the fruits of the wait.
Bharat Infratech: “Lehman Fall Will Have No Impact”
Monday, September 22nd, 2008Bharat Infratech, the Hyderabad-based real estate developer has said the recent developments in the financial markets regarding Lehman Brothers in US would not impact their ongoing projects, including its flagship Iconia.
Banjara & Jubilee Hills Losing Their ‘Elite’ Status
Monday, September 22nd, 2008Paradise lost: It was time that disparity between the Hills residents and others is removed
It’s a place where the rich and the powerful live. For decades, living in the posh Banjara Hills and Jubilee Hills was at once a status symbol and mark of envy for rest of the citizens with huge houses and lush […]
Realty Prices May Return To ‘Real’ Levels
Sunday, September 21st, 2008The Indian property prices, which had taken off like jet planes, appear to be losing altitude after bad debts owing their origin to real estate brought down the US financial market to its knees.
Market men see prices cooling and projects being held up for want of cheap funds, but don’t expect the market to crash.
Deutsche Bank Predicts Sharp Fall In Property Prices
Sunday, September 7th, 2008Tight financial markets will likely aggravate the downcycle in the real estate sector and lead to a sharp fall in property prices and defaults by few developers, Deutsche Bank said. Reiterating its underweight rating on the sector, the investment bank forecasts further downside in realty shares, which have declined roughly 33% so far this year.
Land prices on outskirts likely to shoot up
Tuesday, August 26th, 2008Land prices are set to rise in the 849 surrounding villages of the city with the formation of the Hyderabad Metropolitan Development Authority (HMDA).
These villages were merged with the HMDA. Anticipating this, real estate players have already jacked up rates in some newly included areas of the HMDA.
‘Nano Homes’ Next??
Sunday, August 24th, 2008While almost everybody knows about Tata’s Nano, which has become synonymous with the ‘small car,’ many may not know about a ‘nano house’. What is this new concept in housing segment? Let us study this subject.
Don’t Sell Land: HC To APHB
Friday, August 22nd, 2008A division bench comprising Chief Justice Anil R. Dave and Justice Vilas V. Afjulpurkar on Thursday directed that the AP Housing Board should not confirm the sale of its lands in Hyderabad without the permission of the court.
Puravankara Plans Rs 8000-Cr Foray Into Affordable Housing
Thursday, August 14th, 2008Joining the likes of DLF and Unitech, Bangalore-based realty developer Puravankara Projects today announced its foray into the affordable housing segment in an effort to beat the property sector slump.
HUDA Changes Plot Sale Norms
Thursday, August 14th, 2008The Hyderabad Urban Development Authority has been forced to revert to its earlier mandate of forming layouts and auction individual plots to people.
Luxury Villas Bloom In Suburbs
Sunday, August 10th, 2008Luxury villas are coming up in large numbers in the suburbs of the city. More than 25 such ventures are underway in various locations, from Shankarpalli to Shamshabad and from Medchal to Manikonda.
Hard Times
Sunday, August 10th, 2008Second home-buyers and investors will also look at postponing their purchase decisions and thereby affect the overall demand scenario, he says. This can lead to a possible decline in property prices in the secondary market as the amount of distress sales and bank repossession would increase due to individuals’ inability to pay out their EMI’s. […]
Nizampet Becomes Residential Hub
Sunday, August 10th, 2008The Nizampet-Bachupally stretch has become a major residential hub, catering to both rich and middle class sections. The area is strategically located between the National Highway 9 and inner ring road of Hyderabad. Software professionals, businessmen, and government employees have been buying flats and individuals houses in the Nizampet-Bachupally stretch.
Bangalore Highway(NH-7) Becomes Realty Hub
Sunday, August 10th, 2008Hyderabad-Bengaluru National Highway 7 is now witnessing real estate boom with the proposal of Hyderabad Metropolitan Development Authority. HMDA, which is going to oversee planned growth in outskirts will formally come into being in a couple of weeks. It will replace the existing Huda.
Constant Revision Of Market Values Further Hurting Real Estate
Sunday, August 10th, 2008Constant revision of market values will fill the Department of Registrations and Stamps’ coffers, but what about the realty sector? ponders M. Sai Gopal.
Registration Rates Hiked
Sunday, August 10th, 2008Prices of land and apartments have increased by 10 per cent to 30 per cent following the government’s decision to raise registration charges. The new rates came into effect from August 1.
Do’s And Don’ts In Dealings
Sunday, August 10th, 2008The city police prepared a checklist for the prospective buyers of land/plots as a preventive measure, says K. Srinivas Reddy.
Over the last three weeks, we have examined different modus operandi employed by unscrupulous agents to cheat the gullible in sale of plots or apartments.
Govt Policies Hurting Real Estate
Sunday, August 10th, 2008Enveloped in dusk : The booming real estate scenario is facing a sundown phase
Realty sector goes into a tailspin, thanks to the new policies of the government, writes T.Lalith Singh. Keep searching for possible reasons and they are many. Why has real estate activity that was in full bloom, suddenly begin to wilt?
List Of Apartment Communities In Hyderabad
Saturday, July 19th, 2008Hyderabad has been witnessing the rapid development of many apartment communitities - small standalone upto luxury gated communities.
Reasonably sized apartments in gated communities are costing anywhere between 45Lakhs to 1.8 Cr. Some ultra luxury apartments (so called) have been priced upto 3 Cr as well.
Jubilee Hills Landmark Project From Maytas, ICICI and Nagarjuna
Friday, July 18th, 2008A rendering of the Jubilee Hills Landmark Project from Maytas Properties
Jubilee Hills Landmark Projects Private Limited (JHLP) is a joint venture between ICICI Venture, Nagarjuna Construction Company and Maytas Properties to develop a 5.7 acre property in the heart of Hyderabad in Jubilee Hills.
Hyderabadis Are Waking Up To Expensive Housing
Friday, July 18th, 2008Hyderabad is waking up to expensive housing and how. Villas priced anywhere between Rs 2 and Rs 12 crore are coming up in the city and, hold your breath, selling too.
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